Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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To: Robohogs who wrote (5075)	3/17/2012 6:42:13 AM
From: dealmakr	Read Replies (2) of 5891

Hi Jon, Yeah, just when everything looks rosy is when something wicked this way comes. Still have the bias leaning towards the market taking a rest, but timing has been off so far. Am still not looking to open too many NP's in front of an overbot market and also looking at getting some more naked call exposure. CMG busted through the 400 level and will be watching to enter before the end of quarter window dressing. Too many factors to list on why I see some downside, but keeping a lot of powder dry till the trade comes to me and not me chasing the trade. Good luck with BKS, looks to be a very crowded trade. Good Trading dealmakr

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